The School District of Mystery Lake will be without any revenue from the Grant-in-Lieu with Vale for the next four years.
At the last meeting of the Board of Trustees, Chairperson Don MacDonald read a letter from Mayor Dennis Fenske, stating that the entirety of the new G.I.L. will be staying with the City of Thompson.
The letter, which was dated April 9th, Mayor Fenske said that through Council's budget deliberations, they "had to make the difficult decision not to distribute funds to the School District of Mystery Lake for the term of the agreement."
With previous G.I.L. agreements, the funds had been split between the City, the school district, and the local government district.
MacDonald commented on the letter after it was read, saying that they won’t be making any changes to their budget as they had already prepared for the loss of that revenue stream.
The G.I.L. was a portion of the almost 20% of non-Provincial funding for the Board’s 2017-2018 budget.
